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Feb 12, 2012
02/12
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deficit that year that he was talking about. 1.4 trillion and your new budget deficit for 2012, end of the president's term 1.3 trillion. the president isn't close to keeping his promise to cut the deficit in half. >> guest: the plan that the president will send to congress tomorrow will reduce our deficit that over the period covered it would be less than 3 percent. and stop adding to the deficit and reduced the gdp and so we stabilize ourselves >> chris: but hoo didn't cope his promise . >> guest: when the president took office we were losing jobs 750,000 a month and we had last month gained 200,000. that means the economy was softer than anyone knew and less revenue coming in. and it means a deeper hole to dig out of than anyone could have envisioned. >> chris: this is february when you say you knew about the fact that the deficit was worse. wouldd you agree that he didn't keep the promise? >> guest: i would say in 2009 and 10, we learned more about the reseddings that we inherited. we are in a place now where we have momentum and the economy is growing, not enough economic growth b
deficit that year that he was talking about. 1.4 trillion and your new budget deficit for 2012, end of the president's term 1.3 trillion. the president isn't close to keeping his promise to cut the deficit in half. >> guest: the plan that the president will send to congress tomorrow will reduce our deficit that over the period covered it would be less than 3 percent. and stop adding to the deficit and reduced the gdp and so we stabilize ourselves >> chris: but hoo didn't cope his...
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Oct 8, 2012
10/12
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is surplus into a huge deficit. in n. paying deficit down you should score the fact we are coming out of iraq and afghanistan. the other thing that the president has proposed and that he he understands is we cannot cut our way to prosperity. we need a balanced approach and growing our economy by doing things leak the senator opposed like restructuring the auto industry in order to put people back to work and make manufacturing jobs grow is one of the actions we need to take in order to do that. the fact of the matter is the president because he has the responsibility of office has been specific about what he proposes and mitt romney tells us to trust him. his plan is hiding behind door number three with carroll merrill and his undisclosed tax returns. >> chris: i'm glad you practiced the line. >> the lines are great. his budget tax increase on job creators. budget gimmicks brings us to $25 trillion in debt over ten years. this president has added more are debt than any other president -- >> not true. >> he said he w
is surplus into a huge deficit. in n. paying deficit down you should score the fact we are coming out of iraq and afghanistan. the other thing that the president has proposed and that he he understands is we cannot cut our way to prosperity. we need a balanced approach and growing our economy by doing things leak the senator opposed like restructuring the auto industry in order to put people back to work and make manufacturing jobs grow is one of the actions we need to take in order to do that....
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Sep 9, 2012
09/12
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he wants to cut $500 billion from the deficit by 26 teen and balance the budget by 2020. he offers no details. and in fact he would increase defense spending by as 34u67 as as $2 trillion and he would rescind the costs they get over obama care. the is not what loopholes are you going to close. why not achieve the admirable goals. >>pa there is far more so than any other candidate. the first is to bring government spending down. >> how do you do it, sir? >> the medicaid program which is a nonbold claim on the tax side. fundamental tax return will produce a revenue share of gdp much into that range. longer term it is about entitlement.e would raise the retirement age gradually and reduce growth of benefits for upper income households. and reduce it for medicare too. that's a program and one candice agree with it, but it is a program that leads to lower deficits and growth. >> i will give you 30 seconds mr. goldsby. >> objective people who look at what mitt romney has proposedcr realize it will increase the deficit trillions of dollars, and if they want to cfer the income ta
he wants to cut $500 billion from the deficit by 26 teen and balance the budget by 2020. he offers no details. and in fact he would increase defense spending by as 34u67 as as $2 trillion and he would rescind the costs they get over obama care. the is not what loopholes are you going to close. why not achieve the admirable goals. >>pa there is far more so than any other candidate. the first is to bring government spending down. >> how do you do it, sir? >> the medicaid program...
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Dec 3, 2012
12/12
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his own deficit reduction commission. he knows what our proposals are, he knows what we are throwing do. what we don't know, chris, is what is the president willing to do? >> well, let me ask you specifically about that. is it true, because it's been said but we've never seen a piece of paper; it true that the president offered to raise the eligibility age for medicare and to slow cost of living adjustments for social security what you were in your debt talks in august ofs2011. >> it was on the table. did the president agree to it? it may have been close to an agreement to it. if he agreed to it we might not have some problem today. >> is that on the table now. of course, it's on the table. >> no, is it on the table from their point of view. >> well, there are a lot of items on the table. the president knows what they are. the question is what are they willing to do. >> you are starting it have some political problems because you are starting to have some split necessary your ranks. i don't have to tell you one of the top
his own deficit reduction commission. he knows what our proposals are, he knows what we are throwing do. what we don't know, chris, is what is the president willing to do? >> well, let me ask you specifically about that. is it true, because it's been said but we've never seen a piece of paper; it true that the president offered to raise the eligibility age for medicare and to slow cost of living adjustments for social security what you were in your debt talks in august ofs2011. >>...
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Apr 16, 2012
04/12
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the president's budget adds $6.4 trillion to the deficit. according to one estimate, the money you would get from the buffett rule would cover just 17 days of the increased deficit under the obama budget. >> first of all the president's proposal in total would cut the deficits by $4 trillion over the next decade and put us on a path to where the debt is stabilized and we're able to manage with, just 3% of the total in economy, which is where everyone agrees we need to be. in terms of the buffett rule, i remember when $47 billion seemed like a lot of money. it is a lot of money. when you eliminate the bush tax cuts for the wealthy, that adds another $800 billion. to this is a piece of a larger pile along with $1.5 trillion. >> you were did -- would you agree. >> let me tell you something, mitt romney is out there arguing we should cut planned parenthood because we can't afford funding for women's health because we can't afford it. that's $300 million. he says we have to cut foreign aid by $100 million a year. that's because of the -- because
the president's budget adds $6.4 trillion to the deficit. according to one estimate, the money you would get from the buffett rule would cover just 17 days of the increased deficit under the obama budget. >> first of all the president's proposal in total would cut the deficits by $4 trillion over the next decade and put us on a path to where the debt is stabilized and we're able to manage with, just 3% of the total in economy, which is where everyone agrees we need to be. in terms of the...
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Feb 13, 2012
02/12
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deficit for 2012 the end of the president's term will be $1.3 trillion. mr. lew, the president isn't close to keeping his promise to cut the deficit in half. >> the plan the president is going to be sending to congress tomorrow will reduce the deficit to the point that over the period covered by the budget the deficit as a percentage of gdp will be less than 3%. stop having new spending adding to the deficit. that is a hugely important accomplishment. stablize ourselves in the terms that all of the international financial institutions are looking to. >> chris: he didn't keep the promise to cut the deficit in half. >> we were losing jobs at a rate of 750,000 jobs a month. last month we gained 250,000 jobs. we had to take a lot of action in the recovery act. the economy was softer than any one knew at the time and had less refs coming in an revenued there was a deeper hole to dig out of than any one could have envisioned in january of 2009. >> chris: this is february when you already say you knew about the fact that the deficit was worse. would you agree th
deficit for 2012 the end of the president's term will be $1.3 trillion. mr. lew, the president isn't close to keeping his promise to cut the deficit in half. >> the plan the president is going to be sending to congress tomorrow will reduce the deficit to the point that over the period covered by the budget the deficit as a percentage of gdp will be less than 3%. stop having new spending adding to the deficit. that is a hugely important accomplishment. stablize ourselves in the terms that...
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May 21, 2012
05/12
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they don't even pay for a fifth of his proposed deficit spending. we are saying get economic growth by lowering tax rates and plug loopholes. you bring more revenues into the government but you have to deal with spending. under the obama budget the debt goes up 76%. if we just did nothing the debt would go up 78%. this is economic stagnation. the president has punted. we are going to lead and what to do is clear the partisan obstacles and get new leadership in washington and grow the economy and pay off this debt. >> chris: we have to leave it there. i do d. not think we were going to set this will today. we did not. it was a useful debate. thank you so much for coming in and talking about what is the central issue in this campaign. thank you both. >> thanks, chris. >> thank you. >> chris: up next an update on the president's weekend and summit meetings with world leader. and we will ask our panel what can be done about the economic crisis in europe. >>> growth and jobs must be our top priority. a stable, growing european economy is in everybody's b
they don't even pay for a fifth of his proposed deficit spending. we are saying get economic growth by lowering tax rates and plug loopholes. you bring more revenues into the government but you have to deal with spending. under the obama budget the debt goes up 76%. if we just did nothing the debt would go up 78%. this is economic stagnation. the president has punted. we are going to lead and what to do is clear the partisan obstacles and get new leadership in washington and grow the economy...
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Dec 30, 2012
12/12
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that is only 5% or 6% of the deficit. when it comes to defense spending the only reason i would vote for this deal if sequestration is not included is trusting people like dianne to work with me to make sure it never becomes a reality post january 1. >> chris: even if you get the automatic cuts which are $110 billion or $120 billion in the first year even if you get those the deal that you are talking about does not reduce our national debt because extending the bush tax cuts on 98%, 99% of americans it will actually increase the debt by trillions of dollars over the next decade. the question is when are you guys going to get serious about spending? >> we are getting serious about spending. we already cut spending between the c.r. and the affordable care act. we cut spending a trillion dollars plus. how to there is an argument over how much but let's say it is a trillion and a half dollars. having said that, i think there is a commitment to cut spending. if you do it by virtue of sequestration it falls regardless of prior
that is only 5% or 6% of the deficit. when it comes to defense spending the only reason i would vote for this deal if sequestration is not included is trusting people like dianne to work with me to make sure it never becomes a reality post january 1. >> chris: even if you get the automatic cuts which are $110 billion or $120 billion in the first year even if you get those the deal that you are talking about does not reduce our national debt because extending the bush tax cuts on 98%, 99%...
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May 20, 2012
05/12
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. >> today i pledge to cut the deficit. by half. by the end of my first term in office. >> broken because he has not come close. >> the fact is the debt has increased by $5 trillion or almost 50 percent. >>guest: look, i don't dispute the deficit has increased. i would say two things about that: all objectives analysts forget the campaign, acknowledge that the vast majority of the increase in the deficit, some $750 billion out of the $1 trillion increase came about from the business cycle and then the policy choices that were done on a bipartisan basis. so, at the end of 2010 when both parties vote to extend the bush tax cuts, everyone understood that was going to keep the deficit large. we just decided collectively that the economy needed that. for the republicans who set if place the policies that led to the economic crisis that exploded the deficit, to now be saying, why is the deficit so big, they lit the back half of the house on fire and now they complain the air conditioning does not work. the fact is that what we must do is
. >> today i pledge to cut the deficit. by half. by the end of my first term in office. >> broken because he has not come close. >> the fact is the debt has increased by $5 trillion or almost 50 percent. >>guest: look, i don't dispute the deficit has increased. i would say two things about that: all objectives analysts forget the campaign, acknowledge that the vast majority of the increase in the deficit, some $750 billion out of the $1 trillion increase came about from...
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Apr 15, 2012
04/12
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that's because of the deficit. so you can't argue it both ways. >> chris: i am -- if i may, david i will get into that with ed gillespie in the nex segment. the president introduced the buffet rule to stabilize our debt and deficit over the next decade. it is not true. >> mike: he said it is part of an overall plan >> chris: that's not what he said. >> mike: no one can argue, chris. no one can argue that it makes sense that people with million or more to pay less than the average middle class worker in this country. if both stabilizes and an amount of fairsness in the tax system. if ed gillespie and you want to argue otherwise, so be it. but for those fren billion. >> chris: i will have plenty of questions for ed gillespie. i want to ask you question. you say it is not far for rich people to pay a lower tax rate. the president released tax returns this week. it turns out he paid a tax rate of 20.5 percent than lower than what his secretary pays. and if i pay, david, the question i have for you. if the president fee
that's because of the deficit. so you can't argue it both ways. >> chris: i am -- if i may, david i will get into that with ed gillespie in the nex segment. the president introduced the buffet rule to stabilize our debt and deficit over the next decade. it is not true. >> mike: he said it is part of an overall plan >> chris: that's not what he said. >> mike: no one can argue, chris. no one can argue that it makes sense that people with million or more to pay less than...
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Oct 7, 2012
10/12
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our surplus, into a huge deficit. so, in paying the deficit down, you should score the fact that we are coming out of iraq and afghanistan. and, the other thing that the president has proposed and understands, is, that we cannot cut our way to prosperity. we need a balanced approach. and, growing our economy, by doing things like the senator does, like restructuring the auto industry, in order to put people back to work, and make manufacturing jobs grow, is one of the actions that we need to take, in order to do that. but, the fact of the matter is, the president because he has the responsibility of office, has been specific about what he proposes and mitt romney tells us, to trust him, with his plan, it is hiding behind door number 3, with carol merrill and his undisclosed tax returns. >> you know... really, the lines are great, but, chris, the bottom line is this: his budget, tax increase on i don't believe creators, budget gimmicks, and, brings us to $25 trillion in debt over ten years. in fact, this president has
our surplus, into a huge deficit. so, in paying the deficit down, you should score the fact that we are coming out of iraq and afghanistan. and, the other thing that the president has proposed and understands, is, that we cannot cut our way to prosperity. we need a balanced approach. and, growing our economy, by doing things like the senator does, like restructuring the auto industry, in order to put people back to work, and make manufacturing jobs grow, is one of the actions that we need to...
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Dec 30, 2012
12/12
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, it is 6 or 7% and i don't believe all of it will go on the deficit. when we raised the debt ceiling in august of 2011, we borrowed $2.1 billion. we spent that much money, in 17 months. why would i raise the debt ceiling again, unless we address what put us in debt to begin with? i'm not going to raise the debt ceiling unless we get serious about keeping the country from becoming greece, and social security and medicare, here's what i would like, meaningful entitlement reform, not to turn social security into private accounts, not to take a voucher approach to medicare. but, adjust the age for social security, cpi changes and means testing and look beyond the ten-year window. i cannot in good conscience raise the debt ceiling without addressing the long term debt problems of this country and i will not. >> chris: and, senator feinstein, you heard president obama say we have to get out of the habit and will not start trading debt ceiling increases for spending cuts. >> i think the key to what he is saying is that you don't affect people at this time. wh
, it is 6 or 7% and i don't believe all of it will go on the deficit. when we raised the debt ceiling in august of 2011, we borrowed $2.1 billion. we spent that much money, in 17 months. why would i raise the debt ceiling again, unless we address what put us in debt to begin with? i'm not going to raise the debt ceiling unless we get serious about keeping the country from becoming greece, and social security and medicare, here's what i would like, meaningful entitlement reform, not to turn...
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Sep 2, 2012
09/12
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he adopted four trillion in deficit cuts over the next 10 years. what he didn't do is it he didn't cut the defense as much. and he went beyond that in tax cuts to the middle class. he doesn't want to cut taxes for the middle class. he would prefer to cut tax loop holes and allowing the bush tax cut to expire for the top percentage. we have to build from middle out and not top down. you know, bush 41 called that voodoo economics. >> chris: regan had a better growth rate and a lot lower unemployment than obama. >> guest: regan would be turning in his grave. >> chris: i wonder how he would feel about this group. >> guest: he wouldn't be too happy. >> chris: let's turn to the hispanics. you said to the republican convention . you can't trout out a brown face and expect people to vote for your party and candidate. the republicans have two hispanic governors that spoke. senator marco rubio is one of the rising stars. that is first than tokenism. >> guest: i said in the make up room that susanamartinez and marco rubio gave the two best speeches. marco rub
he adopted four trillion in deficit cuts over the next 10 years. what he didn't do is it he didn't cut the defense as much. and he went beyond that in tax cuts to the middle class. he doesn't want to cut taxes for the middle class. he would prefer to cut tax loop holes and allowing the bush tax cut to expire for the top percentage. we have to build from middle out and not top down. you know, bush 41 called that voodoo economics. >> chris: regan had a better growth rate and a lot lower...
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Dec 3, 2012
12/12
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based off the simpson bowles commission, his own deficit reduction commission. he knows what our proposals are and what we are willing to do. what we don't know, chris, is what is the president willing to do? >> chris: well, let me ask you specifically about that. is it true, it is said -- we have never seen a piece of paper. is it true that the president offered to raise the eligibility age for medicare and slow cost of living adjustments for social security when you were in your debt talks in august of 2011? >> it was on the table. did the president agree to it... he may have been close to an agreement to it. if he agreed to it, we might not have this problem today. >> chris: is that on the table now. >> of course it is. >> chris: no, from their point of view? >> listen, there are a lot of items on the table. the president knows what they are. the question is, what are they willing to do. >> chris: you are starting to have political problems, because you are starting to have splits in your ranks, i don't have to tell you you one of the top congressional republ
based off the simpson bowles commission, his own deficit reduction commission. he knows what our proposals are and what we are willing to do. what we don't know, chris, is what is the president willing to do? >> chris: well, let me ask you specifically about that. is it true, it is said -- we have never seen a piece of paper. is it true that the president offered to raise the eligibility age for medicare and slow cost of living adjustments for social security when you were in your debt...
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Nov 12, 2012
11/12
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i should hasten to say social security piece i don't think should be part of a deficit package but we need to address social security because it is headed to insolvency more. >> let's talk about taxes which has gotten most of the tanks. house speaker john boehner offered a compromise in week in which he says i am willing to put more revenue on to the table but with through closing deductions end gd loopholes not through raising rates. can you accept a compromise as part of the whole deal that doesn't raise the push tax rate on the wealthy? >> how much revenue are we going to generate as part of a balanced package. in their framework they assume the amount of revenue as if we started tax reform from a 39 percent rate. that is part of their built in assumption. i am all for doing tax reform. the issue is from what starting point. i think the bowl starting point which assumies that revenue fro 39 percent is the right way to go to get the mix they got in hitting their deficit reduction target. if what speaker boehner was saying he was truly willing to get office ready we begin to work wit
i should hasten to say social security piece i don't think should be part of a deficit package but we need to address social security because it is headed to insolvency more. >> let's talk about taxes which has gotten most of the tanks. house speaker john boehner offered a compromise in week in which he says i am willing to put more revenue on to the table but with through closing deductions end gd loopholes not through raising rates. can you accept a compromise as part of the whole deal...
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Jun 18, 2012
06/12
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governor romney wouldn't reduce the deficit. every independent economist that looked at his plan says he would add to the diving for cover sit and allow infrastructure to deer toor rate more. this is not a recipe for growing the economy. that is the stark choice. >> chris: is the president's agenda because i did not hear anything new in ohio. is the president's agenda for the next four years more of the same? >> what is is what this country needs to do which is reduce the deficit in the right way. fair and balanced way. >> chris: i like the fact that you keep saying fair and balanceed. >> it is the right way. this president signed into law by the way almost $2 trillion in spending cuts. we have to focus on what is g going to grow the economy for the middle class and that is o going to be continuing to focus on the manufacturing. >> chris: but you would agree there is no new agenda beyond what he has been pushing for the last year. >> this is the direction he thinks the country needs to go. let's look at the other direction, chri
governor romney wouldn't reduce the deficit. every independent economist that looked at his plan says he would add to the diving for cover sit and allow infrastructure to deer toor rate more. this is not a recipe for growing the economy. that is the stark choice. >> chris: is the president's agenda because i did not hear anything new in ohio. is the president's agenda for the next four years more of the same? >> what is is what this country needs to do which is reduce the deficit in...
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Jun 17, 2012
06/12
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mitt romney wouldn't reduce the deficit. he would add to the deficit and he would starve investment in education and allow enfrastructure to deteriorate. this is not a recipe for the economy. >> chris: does the president's agend ai did not hear anything new in ohio. is the president's agenda more of the same? >> guest: it is what the country needs to do. reduce the deficit in a fair and balanced way. >> chris: i like when you say fair and balance. >> guest: that is the right way. the president signed into law two trillion on spending cuts. we have to focus on what going to grow the economy. >> chris: but you would agree, there is no new agenda beyondd what he is pushing. >> guest: this is the direction he thinks that the country needs to go. the other direction failed miserably. when governor romney led massachusetts number one debt in the country. for all of the talk about government. for every job created by mitt romney six public sector. he want to return to the same policies that led to the great recession, you know, cau
mitt romney wouldn't reduce the deficit. he would add to the deficit and he would starve investment in education and allow enfrastructure to deteriorate. this is not a recipe for the economy. >> chris: does the president's agend ai did not hear anything new in ohio. is the president's agenda more of the same? >> guest: it is what the country needs to do. reduce the deficit in a fair and balanced way. >> chris: i like when you say fair and balance. >> guest: that is the...
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May 28, 2012
05/12
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there will be unemployment, deficit and debt. it is getting worse. if we believe in accountable we have to work for it. if we believe in integrity we have to work for it. a lot of people voted for obama because they wanted change. they voted for the right reasons. did you really get the change that you were expecting. we don't need division. we need someone who is a problem solv solver, he is a great communicator but he has had three and a half years. at a certain point you have to say that's long enough. there's no such thing as perfection but mitt romney has the record, job creation, as governme government. he has done what needs to be done. let's give him a chance in 2012. everybody go back to 50 please. >> if i was governor romney this is the case i would make to the american people. are you, all of you and your friends and your family and your neighbors and your grandmothers and your grandfathers, are you better off than you were four years ago? is america better off than it was $5 trillion in debt ago because that's what president barack o bara
there will be unemployment, deficit and debt. it is getting worse. if we believe in accountable we have to work for it. if we believe in integrity we have to work for it. a lot of people voted for obama because they wanted change. they voted for the right reasons. did you really get the change that you were expecting. we don't need division. we need someone who is a problem solv solver, he is a great communicator but he has had three and a half years. at a certain point you have to say that's...
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Feb 27, 2012
02/12
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, that you get your deficit reduction through spending cuts, $500 billion you claim in 2016. they say that adds up being about 40% cut in domestic programs which means major cuts in the programs of the poor. >> i'm sure you understand, the tack plan that i've described is very much consistent tax plan with the president's bipartisan commission came up with. it's similar to mine. president obama just abandoned his own tax initiative. >> chris: he took a trillion dollars and used it for deficit reduction, you don't. >> yeah, i take, i get tax rate. take the marginal rate down to encourage economic growth. it will put more people back to work. i also broaden the base which means for certain individuals, high income individuals we're going limit the deductions. then i go through and reduce the rate of growth of benefits for high income people and medicare and social security for folks down the road. then i also eliminate a lot of programs, federal programs and take a lot of poverty programs and send them back to the states where i think they can managed far more efficiently. if t
, that you get your deficit reduction through spending cuts, $500 billion you claim in 2016. they say that adds up being about 40% cut in domestic programs which means major cuts in the programs of the poor. >> i'm sure you understand, the tack plan that i've described is very much consistent tax plan with the president's bipartisan commission came up with. it's similar to mine. president obama just abandoned his own tax initiative. >> chris: he took a trillion dollars and used it...
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May 20, 2012
05/12
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they don't pay for a fifth of the proposed deficit spending. get economic growth by lowering tax rates and closing loop holes and deal with spending. under the obama budget the debt goes up 76 percent. if we did nothing it , go up 78 percent. it is economic stagnation and not leadership. the president is punted and we'll lead and we'll get new leadership in washington to get the american idea ignited and grow the economy and pay off the debt. >> chris: gentleman, we'll have to leave ithere. i didn't think we were going to selgs this today. but it was a useful debate. thank you for coming in and talking about what is the central issue in this campaign. thank you both. up next, an update on the president's weekend with summit meetings with world leaders and ask our panel what is done about the economic crisis in europe. from new zealand, os textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason 75% of our mutual funds beat their
they don't pay for a fifth of the proposed deficit spending. get economic growth by lowering tax rates and closing loop holes and deal with spending. under the obama budget the debt goes up 76 percent. if we did nothing it , go up 78 percent. it is economic stagnation and not leadership. the president is punted and we'll lead and we'll get new leadership in washington to get the american idea ignited and grow the economy and pay off the debt. >> chris: gentleman, we'll have to leave...
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Feb 26, 2012
02/12
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i am planing to cut the deficit down to 0. i plan to get a balanced budget and then getting this economy going again. this is a classic kidding of two philosophies. do you believe in lower taxes and lower marginal rates and smaller governments?nd or do you believe in higher taxes like the president is proposing and more government spending and larger deficits. that's what president obama stands for.ge that's a failed policy. we know where that leads. >> finally sir and we only have a couple minutes left. youror unfavorables have gone u. back in october you were plus 11 favorable versus unfavorable. now are you mns 8. and i hear two major complaint about you. one is you seem to be campaigning more by attacking your rivals than saying what you are for. and the other is this continuing argument that somehow you seem out of touch with the average american. and there were two examples of that this week i will play and have you respond to, sir. >> i'm the only person in this race -- >> the question is the misconception about you. >>
i am planing to cut the deficit down to 0. i plan to get a balanced budget and then getting this economy going again. this is a classic kidding of two philosophies. do you believe in lower taxes and lower marginal rates and smaller governments?nd or do you believe in higher taxes like the president is proposing and more government spending and larger deficits. that's what president obama stands for.ge that's a failed policy. we know where that leads. >> finally sir and we only have a...